GonFreecss1:
What do you all think about the future of sugar though? It has too much hate, even though I know better, that doesn't mean other people do.

All in all, I am asking what do you all think about the future of Dangote sugar? Is it bleak?

4601CE:
Oga I didn’t quote you. Don’t start what you can’t finish please.

Chibuking81:

On this question, you will ask yourself, how many times in a months did people consume product produced with sugar, like beer, mineral, tea, etc, the level of consumption was affected greatly by recession.

For instance, I don't buy insurance companies stock, because It will be difficult to convince me and many others to insure, not because it's not good, but because of stories of those whom had negative experience with Nigeria insurance companies.

So how many times did you consume product manufactured with Dangote sugar before in a month, and how many times did you consume it now, did it increase or reduce?.

currentprice:


let wait and see. if u see big volume going forward its more of buying back. what happen in last few days was closure of books and tey must meet up by last day of the month which is yesterday. their last sale was @1.49

there is still chance to buy back what u sold @ 1.56 today

just my opinion o

currentprice:


oyel continue digging deep

profit taken

https://www.nairaland.com/4264120/forex-trade-alerts-season-18/94



cc bullbear
ccfxuser

Chibuking81:

On Nigeria issue, due to high level of poverty in the land many has turn to farmers, and a lot has reduced the amount of food the consume, some are now on 101 ( eating only morning and night), While a lot find it difficult to eat even one mill a day. Flour are use to produce bread, indomie, supergette and many others, many can not even afford money for most of this food stuff.

Then tell me where will flour companies make money, the civil servants monthly payment, technically has reduced by more than half. A worker that received #100,000 when 1 dollar was #180 and bag of rice was #8,000, are still receiving #100,000, some with pay cut, and currently 1 dollar is above #360 times two and bag of rice #18,000 also more than times two.

That mean, #100,000 payment then, is technically below #50,000, then what of those that received #50,000 and below. The level of poverty increased times two.

Many fall back in what their farm can produce, that's why many are not interested in flour product as such again, till economy improve. Flour rally last year because recession came by surprise, and many maintained a little with their former way of life with little saves the had, but when they understand the reality of the recession, the joined suit.

Expect upward movement in the flour companies when economy improve, may be when the government agreed on #30,000 minimum wage, that will help.

Ugosample:


what is this nicompoop saying?

Ugosample:


what is this nicompoop saying?

Yayira:
Who is the someone else ? I know you are referring to me..
You’ve got to stop jumping into conclusions, you don’t know me and I don’t wanna know you.
You dey make me regret why I even quote him slf.

4601CE:

Mynd44 Lalasticlala OAM4J Dominique justwise ferano mukina2 obynoscopy Seun fynestboi ishilove.
Rule 2 violated here .
Please do the needful asap

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/24364_UNITY_BANK_PLC_FINANCIAL_STATEMENTS_NOVEMBER_2018.pdf

CBN is culpable in the banks that fail in this Country. Unity is gone.

mendes911:


CP,

If this is an assumption, it might not necessarily be true shaaa cos the guy started dumping again today at #1.55. Unless you have insider information that the activities of last month was about end of month closure and then a new guy started dumping today....

At end of normal trading Business today, the "entity" had 2M units on offer at #1.55 and when the total bid increased above 2m units at #1.55, the entity quickly raised his/her offer quantity to match same bid quantity.

BTW, would you know if a stock is permitted to have more than one MM? If they do, is it possible that a new one other that the one that offloaded in October just started work.

If only one can have access to the DB at Cardinal Stones......

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/24364_UNITY_BANK_PLC_FINANCIAL_STATEMENTS_NOVEMBER_2018.pdf

CBN is culpable in the banks that fail in this Country. Unity is gone.

Deadlytruth:


What kind of result is this one? When I tried to open it, It hanged my phone and turned it off three minutes into the hanging.

BullBearMkt:

...@Chibuking81 don't let us start argument that is complex & we will not be able to finish or learn anything from. I sympathise with workers who are given meagre salaries and all that. But it has minimum effect on the outcome of the profit margin of these companies we are talking about
-was there any increase in salary when DF was giving good results last year & SP moves from N4 to more than N16?
-Naira to Dollars depreciation was not this year, it "skyrocketted" mid 2016 & people are still buying flour products
-In every market wheat and wheat related products are the cheapest irrespective of the currentprice & man pikin must chop low salary or not
-According to official figures, Nigerian economy is improving, based on the GDP. I don't want to dabble into macro economy as that is not my expertise area
-All, these companies are hedging and they have their ways around the materials used in making all their products

Deadlytruth:


What kind of result is this one? When I tried to open it, It hanged my phone and turned it off three minutes into the hanging.

currentprice:
but chart look scary today sha

Mpeace:
Rubbish result wey them release wit virus so that we no go read. I catch then sha.

Chibuking81:

This is company that carried out share reconstruction 1 per 10 few years ago, meaning their loss should times by ten.
May be this time it will be 100 share par one, why their suspension, this our country the more you look the less you see.
Why should the NSE suspended their share before allowing the released of their result? This is to avoid them visiting 20 kobo.
http://thenationonlineng.net/share-reconstruction-unity-bank-to-cancel-105-2b-shares/

Mpeace:
I don't think so. I think their suspension by NSE made them release the result. If not for the suspension, them for just dey hike the loss until they make small profit.
As soon as they release all outstanding results, the suspension will be lifted.

Chibuking81:

Bonanza gang might not eye this bank, during our period. Anyway it will help drive the bonanza motor safely to our junction.